Recently, the government has announced no change in interest rates on Sukanya Samriddhi Yojana and other small savings schemes for the third quarter (October-December) of the current financial year 2024-25. In this way, the government has not changed the interest rates for three quarters. Last time the rates of some schemes were changed for the fourth quarter of the financial year 2023-24.

According to the notification, deposits under Sukanya Samriddhi Yojana will get interest at the rate of 8.2 percent as before. The government notifies the interest rates every quarter for these schemes run by post offices and banks.

Sukanya Samriddhi Yojana
Any Indian citizen can open a Sukanya Samriddhi Yojana account in the name of his daughter. To be eligible for this scheme, the age of the daughter should be between 0 to 10 years. In this, interest is given at the rate of 8.2 percent. In this, a deposit of ₹250 per year and a maximum of ₹1.5 lakh per year can be made. You can invest for a total of 15 years, after which the entire amount will be given on maturity after completion of 21 years. Tax exemption is available on investment, interest, and principal amount made in Sukanya Samriddhi Yojana.

By investing Rs 10,000 every month, you will be able to raise this much fund
Suppose your daughter is 5 years old and you invest Rs 10,000 every month in Sukanya Samriddhi Yojana. According to this, you invest Rs 1.2 lakh annually. At an interest rate of 8.2 percent per annum, a huge fund of Rs 55.61 lakh will be deposited after 21 years. The amount invested in this will be Rs 17.93 lakh, while the interest will be Rs 37.68 lakh.